The fastest inference for open models. Backed by Y Combinator.
About the role
We're looking for a Head of Finance to own Wafer's numbers: how we bill, how we account for revenue and compute, how we plan, and how we finance the GPUs we run. We buy GPU capacity months before it earns revenue, under contracts that need deposits, and financing those contracts is a large part of this job. You'll work directly with the founders and build the finance function while doing the work yourself. Found on 1752vc Careers, the job board for startup and VC roles.
More about this role
Head of Finance
At Wafer, we are building AI systems that automatically optimize inference workloads across silicon. Wafer is well funded and serves trillions of tokens a day for mission-critical workloads at fast-growing AI startups.
We're looking for a Head of Finance to own Wafer's numbers: how we bill, how we account for revenue and compute, how we plan, and how we finance the GPUs we run. We buy GPU capacity months before it earns revenue, under contracts that need deposits, and financing those contracts is a large part of this job. You'll work directly with the founders and build the finance function while doing the work yourself.
What you'll do
Own capital markets. Raise the debt and asset-backed financing that pays for our GPUs, from the first lender conversation to funding: term sheets, credit agreements, collateral and covenants. After funding, run the covenant tests and lender reporting.
Work through every GPU contract with the Head of Compute before we sign: deposit, term, rate, delivery date, what it does to cash and margin, and how we finance it.
Own cash: the forecast, runway, treasury, supplier deposits and prepayments, and approval of large payments.
Build the...
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